14. By selling 16 chairs, a dealer loses an amount equal to the selling price of 4 chairs. Find his [HOTS] loss %
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Step-by-step explanation:
let the SP of 1 chair=₹1
SP of 4 chairs=₹4
Loss on 16 chairs =₹4
SP of 16 chairs=₹16
CP of 16 chairs=16+4=20
Loss%=4÷20×100=20%
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